Tag Archives: Contractor Mortgages
Contractor Mortgages Time to Stop Flitting and Offset Instead

Contractor Mortgages Time to Stop Flitting and Offset Instead

Perhaps the single biggest element in anyone’s finances is the mortgage and for the IT contractor, getting a good deal has recently become a lot harder. In October 2009, the FSA effectively outlawed ‘self-cert’ mortgages as part of the plan to appear tough on the banks and encourage more responsible lending. Compared to 2007, when [...]

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Contractor Accountants: What to Look For

Contractor Accountants: What to Look For

With a new government promising a major overhaul of tax regulations, the jobbing IT contractor is in the midst of uncertain, although hopefully beneficial times. All the more reason to make sure that your accounts are in good order. Here are some guidelines which may serve you well in your quest to find a good [...]

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Hung Parliament- Is this good news for homeowners?

Hung Parliament- Is this good news for homeowners?

As expected The Bank of England have today decided to hold the base rate at 0.5% This is despite increased uncertainty surrounding the property market as a result of a Hung Parliament, with a number of property experts expressing their fears about the UK housing sector during the remainder of 2010. Although the general trend [...]

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Stamp Duty Holiday for First Time Buyers

Stamp Duty Holiday for First Time Buyers

Looking back at last months budget there was some very good news for first time buyers as a stamp duty holiday was put in place for purchases below £250,000. The government also declared a five per cent Stamp Duty levy targeting those buying million pound houses in order to fund the two year stamp duty [...]

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What does the budget hold for contractors?

What does the budget hold for contractors?

The Budget was a pretty low-key affair mainly due to the upcoming general election. To quote the BBC’s Political Editor Nick Robinson, when summarising the budget “Short on economic announcements, but long on party political statements.” The main notes of importance where contractors are concerned were that VAT, NIC on dividends from PSCs, IR35, Section [...]

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